Ram Ratna Wires Limited · NSE:RAMRAT
Ram Ratna Wires — Q2 FY27 Earnings Presentation
19 slides from Ram Ratna Wires's earnings presentation, Oct 31, 2026
Slide 1: Ram Ratna Wires Limited Investor Presentation Q2 & H1 FY27
RAM RATNA WIRES LIMITED INVESTOR PRESENTATION | Q2 & H1 FY27
Slide 2: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Ram Ratna Wires Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any secur
Slide 3: Table of Contents
Table of Contents 1 Ram Ratna Wires at a glance Company overview, evolution and two core Slides 04 – 06 business segments. 2 Products Portfolio & Technological Capabilities Product portfolio, manufacturing capabilities and Slides 07 – 08 quality standards. 3 Industry Demand & Market Opportunities El
Slide 4: Ram Ratna Wires at a glance
Ram Ratna Wires at a glance No longer just a winding-wire manufacturer — a 34-year copper Our Journey — from a single winding-wire unit to a copper conversion platform conversion platform Diversifying and scaling the platform Est. 1992 70 - 75% 1992 2025 Listed BSE 1995 · NSE 2022 Of products suppli
Slide 5: Two engines, one copper platform
Two engines, one copper platform Winding Wires & Strips Copper Tubes & Pipes The established franchise The scaling platform Plants Silvassa (D&NH) Plants Jarod & Bhiwadi Share of Q2 FY27 revenue 74% Share of Q2 FY27 revenue 24% High-Performance enameled copper wires and Copper tubes to diversify our
Slide 6: Q2 & H1 FY27 Highlights
Q2 & H1 FY27 Highlights Growth: Year on Year Revenue from Copper tubes % of Operating EBITDA Profit for the period operations revenue Q2 H1 Q2 H1 Q2 H1 Q2 H1 69% 78% 61% 82% 64% 88% 24% 25% Revenue from operations, ₹ Cr Operating EBITDA, ₹ Cr Profit for the period, ₹ Cr 1,962.0 89.6 89.5 35.7 1,853.
Slide 7: Product portfolio: Built for specification
Product portfolio: Built for specification India’s widest enameled wire range (0.016 - 5.0 mm), Comphrehensive Copper Tube Portfolio WINDING WIRES & STRIPS Enamelled copper wires Fine & ultra-fine wires Enameled aluminum wires Enamelled Cu & Al strips Paper covered conductors CTC conductors Motors,
Slide 8: Technology, quality and certifications
Technology, quality and certifications The portfolio has moved from commodity gauge to specified conductor — the licence to supply OEM customers STEP 01 STEP 02 STEP 03 STEP 04 Standard gauge Fine & precision High frequency & HV Mobility-grade Enameled copper & Ultra-fine wires from 16 Litz wire for
Slide 9: How demand maps to our business
How demand maps to our business Policy-led demand themes across eleven end industries, matched to products and installed capacity 8.22% 9.4% 72.4 Mn USD 25 Bn CAGR, India power CAGR, India electric motors, smart meters installed to electronics exports target, transformers 2026-34 June 2026 2030 Wind
Slide 10: The copper tube import gap
The copper tube import gap India imports roughly 70% of its copper tubes — five advantages position Ram Ratna to substitute them Scale at one location ~70% ~30% Bhiwadi is one of India’s largest copper tube plants, with IGT set up imported domestic Cast & Roll Technology INDIA COPPER TUBE SUPPLY, IN
Slide 11: Moving into higher-barrier categories with structural tailwinds
Moving into higher-barrier categories with structural tailwinds Three adjacent, specification-heavy product sectors — each backed by an industry growth curve rather than share gain alone. EV magnet CTC Corona- wires conductors resistant wire USD 0.62 Bn USD 235 Mn USD 74 Mn → USD 1.43 Bn by → USD 36
Slide 12: EPAVO Electricals: from joint venture to wholly owned subsidiary
EPAVO Electricals: from joint venture to wholly owned subsidiary Full ownership of an import-substituting BLDC motor platform: proposed acquisition at approximately 32% below the carrying value per share 2024 30 NOV 2026 · EXPECTED CLOSING NEXT 50:50 JV 100% subsidiary BLDC leader Rights allotment t
Slide 13: Tefabo: Subsidiary-Led Expansion Diversification into Wind Energy
Tefabo: Subsidiary-Led Expansion Diversification into Wind Energy Tefabo: wind energy structures 64% subsidiary, established 2018 ~40 ~40 to ~80 2 plants towers per month, Bengaluru towers per month, Vadodara phased expansion Bengaluru & Vadodara What it does Wind turbine tower internals and structu
Slide 14: Professionally managed company with deep industry expertise
Professionally managed company with deep industry expertise BOARD OF DIRECTORS Strategic oversight and governance KEY MANAGEMENT TEAM Years of industry experience across core functions Chairman Emeritus; Padma Shri, Trade & Shri Rameshwarlal Kabra Industry, 2018 Shri Satish Agarwal Shri Vijay Chanda
Slide 15: Financial track record
Financial track record FY24 to FY26, revenue from Operations grew 1.7x while EBITDA grew 2.2x and profit doubled +73.5% 2.2x +98.9% +6.3 pp Revenue from Operations EBITDA margin 4.0% to PAT ₹54.6 to ₹108.6 Cr ROCE 18.8% to 25.1% ₹2,983 to ₹5,177 Cr 5.1% Revenue from operations (₹ Cr) EBITDA (₹ Cr) F
Slide 16: Returns improved through the cycle
Returns improved through the cycle Return on equity, % ROCE, % Net debt / equity, x Capital raised funded assets Borrowings ₹296 to ₹654 Cr; PP&E ₹352 to ₹565 Cr 20.9 25.1 0.46 22.4 14.4 15.3 18.8 0.34 0.20 Working capital is copper-linked Inventories and receivables rise with volumes and copper pri
Slide 17: Historical consolidated profit & loss statement
Historical consolidated profit & loss statement THREE-YEAR READ, FY23 → FY26 25.0% 34.4% 32.2% +80 bps Revenue from Operations CAGR EBITDA CAGR PAT CAGR Gross margin ₹2,650 → ₹5,177 Cr margin 4.1% → 5.1% ₹47.0 → ₹108.6 Cr 9.3% → 10.1% Profit & loss statement (₹ Cr) FY26 FY25 FY24 FY23 Revenue from o
Slide 18: Historical consolidated balance sheet
Historical consolidated balance sheet Equity & liabilities (₹ Cr) Mar-26 Mar-25 Mar-24 Mar-23 Assets (₹ Cr) Mar-26 Mar-25 Mar-24 Mar-23 Equity share capital 46.7 22.0 22.0 22.0 Property, plant and equipment 565.4 351.7 171.8 143.1 Other equity 532.8 461.3 404.2 289.6 Capital work-in-progress 33.6 11
Slide 19: Thank You
Ram Ratna Wires Limited CIN: L31300MH1992PLC067802 Name – Mr. Saurabh Gupta Designation – Company Secretary & Compliance Officer investorrelations.rrwl@rrglobal.com Email – investorrelations.rrwl@rrglobal.com Investor Relations: MUFG Intime India Private Limited A part of MUFG Corporate Markets, a d